Citi Launches New Digital Trade Receivable Finance Solution

Citi has launched Citi Digital Bill, an integrated digital trade receivable finance solution designed to modernise traditional bill discounting practices by eliminating paper-based processes.

The platform digitises the entire trade receivable financing workflow, from invoice submission and verification to credit approval and funding. Corporate clients can submit receivables through a digital interface, receive automated credit assessments, and access liquidity faster than through conventional paper-based trade finance channels.

Trade receivable finance, where businesses sell their outstanding invoices to a bank at a discount in exchange for immediate cash, has long been one of the most paper-intensive areas of corporate banking. Citi Digital Bill replaces the manual document handling, physical signatures, and multi-day processing cycles with a streamlined digital workflow.

The solution is particularly relevant for large corporates and their supplier networks, where the volume of receivables can make manual processing prohibitively slow and expensive. By accelerating the time from invoice submission to funding, Citi Digital Bill improves working capital efficiency for both buyers and suppliers.

Citi, one of the world's largest trade finance banks, has been investing in digital trade solutions as part of its broader technology transformation programme. The bank processes trillions of dollars in trade flows annually, making even modest efficiency improvements in trade finance significant at scale.

The launch comes as corporate demand for digital trade finance solutions has been growing, driven by supply chain complexity and the need for faster access to liquidity in volatile economic conditions.